JS Global held an Exclusive Dinner where Global Fund Managers, Regulators and big domestic Family-owned Groups alongside CEOs of large Financial Institutions were invited. Global Investment Managers representing ~USD3.0 trillion AUMs, included UBS Financial Services, Prusik Investment Management., Lazard Asset Management., Henderson Global Investors, M&G Investments, amongst others.
The event was honored by Mr. Muneer Kamal (Chairman Pakistan Stock Exchange), Mr. Nadeem Naqvi (MD, Pakistan Stock Exchange) and Mr. Muhammad Hanif Jakhura (CEO, CDC).
The Chairman PSX praised increased foreign investors’ interest in the Pakistan economy, particularly the capital markets where a number of new funds/investors alongside seasoned ones are planning to place/reroute greater portion of their funds towards Pakistan due to a number of positive developments taking place. The most notable being; Pakistan being reclassified into the Emerging Markets Index, buying interest from the world’s leading stock exchanges for the majority stake in the PSX and country’s improving macros and strong growth story with a game changer CPEC around the corner.
The MD PSX highlighted the major capital market reforms that took place over the last few years, including the demutualization of the domestic stock exchanges, significantly improved surveillance of the regulators, better risk management and compliance and increased confidence of the Corporate sector in the capital market with the rising preference to raise funds from equity investors thereby gradually increasing the depth and breadth of the market.
He praised the efforts of JS Global for being on the forefront for the development and promotion of country’s capital market and attracting foreign investors while providing a highly professional institutional model of securities business in Pakistan.
He appreciated JS Global for playing an important role in the advocacy efforts for getting Pakistan reclassified into the MSCI Emerging Market Index, through roadshows and conference.
In the end, Mr. Kamran Nasir, Chief Executive, JS Global Capital, thanked all the foreign and domestic investors and the regulators for their participation in the event with a collective pledge to take Pakistan capital markets to a truly global level through continuous development and support.
Some of the key big local Family Business Groups who attended the Dinner were Cyan/Dawood Group, Khaadi, Daewoo Pakistan, Agha Steel Industries, Gul Ahmed, Elahi Group, TPL, Fatima Group, Tapal, Maple Leaf, Bestway Group, B.P. Industries, Metro Group, Shafi Tanneries, Mega & Forbes, Fecto Group, Pak Int’l Bulk Terminal, Multinet, Excel Insurance, National Foods, amongst many others.
Other key Financial Institutions were Al Meezan Investments, NBP, UBL Funds, MCBAH, HBL AMC, JS Investments, just to name a few.
In addition to JS Global’s top management being present, Chairman BoD JS Global, Mr. Akbar Kazmi was also present at this Exclusive gathering.
JS Global hosts an exclusive dinner for distinguished investors, attended by Global Fund Managers, Regulators and big domestic Family-owned Groups alongside CEOs of large Financial Institutions.
